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ORGANIZATION VALUE CHEQUING ACCOUNT

Business banking solution for non-profit organizations.


THIS ACCOUNT IS FOR YOU IF: 

 

    You are a non-profit organization that does good in the community.

    You want to bank somewhere that shares your passion for giving back... like we do.​

 

 

$0

Monthly Account Fee

 

 

 

FREE

Business Deposits

 

​​IT'S EASY TO APPLY!

Contact us to open your Community Organization Chequing account - our approval process is quick and simple.

ORGANIZATION VALUE CHEQUING

 

KEY FEATURES & BENEFITS:

 

  • FREE deposits
  • 25 FREE THE EXCHANGE® & ACCULINK® ATM withdrawals, Interac® direct payments, cheque clearings or pre-authorized payments per month
  • FREE monthly eStatement including cheque images
  • Unlimited electronic transfers
  • Unlimited electronic bill payments
  • Rest easy knowing that your deposits are 100% guaranteed†
  • Plus, you can access and manage your business accounts 24/7 with our Business Online Banking services.

 

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

From November 1, 2021, to November 21, 2021, the members of First West Credit Union voted on special resolutions that, among other things, authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached Notice for further detail on what this change means to your deposits with First West.

 

FEES

Monthly Fee
$0
Interest
No interest is payable on the Organizational Value Account as it is a non-interest bearing account
Additional
Transaction
Fees

In-branch withdrawal $1.25 

In-branch transfer  $1.25

In-branch bill payment  $2.00

Interac® direct payment  $1.25

Pre-authorized payment  $1.25

Cheque clearing  $1.25

Send Interac e-Transfer®  $1.25

Request Interac e-Transfer®  $1.25

Send Me-to-Me Transfer  $1.25

The EXCHANGE® & ACCULINK® ATM withdrawal  $1.25

Interac® ATM withdrawal  $2.50

International ATM withdrawal*  $5.00

  View our service fee guide

® Trade-Mark of Interac Inc. Used under licence

 


†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

Members of First West Credit Union will vote between November 1, 2021 and November 21, 2021 on whether to authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached Notice for further detail on what this change means to your deposits with First West.

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GET PAID EASILY WITH REQUEST MONEY

Send a request for payment with Interac e-Transfer® to your clients for the work you've done and get paid without the fuss.